$795,000
For Sale

41705 30th Street West

Lancaster, CA 93536
4.69 acres | #SR24206339
Listing OfficeCastlestone Properties, Inc.
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Development site in a million-dollar neighborhood! Located within Lancaster's ''semi-rural'' luxury corridor, this flat 4.69 acre land parcel has frontage on 30th Street West and is surrounded on 3 sides by the ''Premier Collection'' community. This is a highly desirable neighborhood of sprawling semi-custom single-story homes and impressive 2-story homes, most of which are over 4,000 sqft. Homes in this neighborhood are frequently selling for over $1,000,000. The subject property is a true ''in-fill'' lot, as it is the missing piece that would complete the Premier Collection. West Avenue M-6 is a stub street that terminates at the west side of the property, and it could be easily extended through this property to create a tract. Homes could then be built on each side of the street. The property owner previously obtained a tract map (TTM 66793), now expired, yielding 8 half-acre lots. A developer could therefore purchase this property, re-apply for the tract map, and build 8 estate homes that could sell for well in excess of $1,000,000 each. There is currently strong demand for luxury new homes in the Antelope Valley. Another option is for a developer to utilize the new ADU laws and build 16 ''build to rent'' homes on the 8 lots, which would be in very high demand due to the location. The seller also previously obtained a water letter, grading report, and environmental report. Water, sewer, gas, and electricity connections are all present. A water meter box appears to be present alongside 30th St. Paraclete High School, a well-regarded private school, is right down the street. Additionally, this property may also be well-suited to someone looking for an oversized lot to build a sprawling custom estate with ample room for a tennis court, horse facilities, guest houses, etc. This is truly a rare find; a luxury in-fill land parcel nestled within one of the Antelope Valley's most desirable residential areas.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
      • Utility SourcePublic, SeeRemarks
      • Lot DescriptionLotOver40000Sqft
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #SR24206339
      • MLS #SR24206339
      • Property TypePurchase
      • Original List Price$795,000
      • Acres4.6889
      • Cost795000
      • Property SubtypeLand

Location

Nicole StoberReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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